otcbb:sila Press Releases

SILA announced that Cohen Independent Research Group, Inc., the Investor Awareness Industry's Research Firm of Choice, in a new report, has upgraded its Cohen Price Target on the Company from $3.16 to $3.31.

The Company estimates that there may be more than 1 million ounces of gold and almost 70 million ounces of silver in the Nevada property. The Mexican site is 5 miles north of one of the worlds richest silver mines.

Until now SILA has received almost $300,000 from the group with the balance of $7.2 million still to be received. The rest of the funding will be on execution of the company’s exploration and acquisition strategy.

One company that is taking advantage of the increase in gold prices and gold demand is Gold American, SILA , which has obtained options on promising gold and silver mining sites in both the US and Mexico.

Gold American Mining Corp. (SILA.OB) is a publicly traded precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential.

Gold American Mining Corp. (OTCBB: SILA) has entered into a definitive option agreement to purchase an undivided 72% interest in 12 mining claims and a mill site containing 245 acres in Clark County, Nevada.

One company that is taking advantage of the increase in gold prices and gold demand is Gold American Mining Corp. (OTCBB:SILA) which has obtained options on promising gold and silver mining sites in both the US and Mexico.

Gold American Mining Corp. (OTC.BB:SILA) has entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures.